"IT Firms to Cut Allowances of Staff Abroad" - Aravind Gowda & Praveen Bose Faced with imminent recession in the United States, Indian IT services companies with major exposure to the North American markets are likely to cut the onsite allowances of employees deployed at clients' offices abroad by 25 to 30 per cent from April 1, 2008. More...   "Google to set up 20 acre campus in Hyderabad" - PTI. BANGALORE: Global Internet major Google will set up its first campus in India, which will be spread over 20 acres in Hyderabad, a senior IT department official of the Andhra Pradesh government said on Wednesday. "Google will set up their India campus in Hyderabad. We have alloted 20 acres of land," M Gopi Krishna, Special Secretary in Andhra Pradesh's Department of IT and Communications said during a presentation on the coming Hyderabad IT summit 2008. More...   "A $10 chip may turn your mobile into PC" - IST Your cell phones may soon start receiving transmissions of high-definition films from nearby video shops, and then upload them to a home computer within a few seconds. Well, all this may be possible with a new silicon chip developed by Australian University researchers. More...   "Gates: Yahoo or not, Web is hot" - Bill Gates. Microsoft Corp plans to invest heavily in Web search to compete against Google Inc, even if it fails to acquire Yahoo Inc, the company's chairman Bill Gates said. Gates, who called Microsoft's offer for Yahoo "very fair", said Google is the only company with "critical mass" in Web search. Microsoft needs a bigger piece of the market to create a more competitive and profitable Web search business. More...   'IT sector has proved that ordinary people can do extraordinary things' - Subroto Bagchi The new breed of India's best innovators is set to take the world by a storm. Young, intelligent, and ambitious these dynamic entrepreneurs might well conquer the world with their innovative ideas, products and services. rediff.com brings to you a special series on India's best innovators and entrepreneurs, winners of the latest Nasscom Innovation Award 2007. More...   "Whitelisting of software is the way to go" - Leslie D'Monte & Shivani Shinde Anti-virus and anti-spyware technologies, which are packaged as 'blacklist' solutions, are gradually giving way to what security experts claim is a far more effective IT security technology based on 'whitelist' solutions. More...   "10 golden rules to become rich!" - Ujjal Bhattacharya Once you decide to put your money to work to build long-term wealth, you have to decide, not whether to take risk, but what kind of risk you wish to take. Here are 10 investing rules that can make you rich. More...   "Want to Succeed? Avoid these 9 Traps" - Robert J Herbold. Success leads to the damaging behaviors of a lack of urgency, a proud and protective attitude, and entitlement thinking. This leads to the tendency to institutionalize legacy thinking and practices. Essentially, you believe that what enabled you to become successful will enable you to be successful forever. After reviewing this problem in many companies, I believe there are nine dangerous traps into which successful people and organizations often stumble. More...   "India is the most fascinating place in the world to work in" - Lindy Miller The Abdul Latif Jameel Poverty Action Lab is based in the economics department of the Massachusetts Institute of Technology. It was started in June 2003 by Professors Abhijit Banerjee, Esther Duflo and Sendhil Mullainathan, and is supported through an endowment from MIT alumnus Mohammed Abdul Latif Jameel, after whose father it is named. J-PAL has a network of 19 academics at different universities who work closely with local partners in 13 countries. J-Pal chose to open its first field office in India in Chennai six months ago as the headquarters of its South Asian operations. The Institute for Financial Management and Research, a leading business school, has partnered with J-PAL to host this field office in Chennai. More...   "How corporates are keeping staff happy" - Shyamal Majumdar. A growing number of companies are in an innovation mode to engage employees in the wallet, mind and heart. Satyam Computers Chairman B Ramalinga Raju says he has over 1,500 'CEOs' in his company. And he wants more. India's fourth largest information technology company has divided certain areas within its operations into over 1,500 small businesses with independent 'CEOs' for each of them. The company has also generated separate monthly profit and loss accounts for these units. More...   "Data leak: Cyber sherlocks outwit hackers" - Shilpa Patnakar Phadnis Picture this. The team at a software company laboured hard to develop a vital code. Stringent checks were carried out to avoid electronic eavesdropping. Access to free e-mail accounts was disabled and external memory devices like CD-writers and pen drives were placed under a hardware lock. The company used potent firewalls to secure the code from intruders. Despite playing it safe, there was a suspected leak to a rival firm. A team of cyber sleuths launched a trail to pin down the suspect. Scanning structured cabled-network, servers and routers, forensic investigators zeroed in on one particular machine used by the suspect to send a slew of mails involving MP3 songs to encrypt codes in music files. More...   "Want to motivate people? Read this!" - Aubrey C Daniels and James E Daniels. Leaders have the responsibility for creating a work environment that causes people to do their best every day. In theory this should be simple, since the overwhelming majority of employees are willing workers. Only an extremely small number o people take a job expecting to get paid for minimal effort. Most people, by the act of taking a job, demonstrate that they want to do it well. WE find that many companies squander this goodwill through their leadership practices. Apparently, it is easier to lose discretionary effort than it is to build it. More...   "India@60: Still a long way to go" - Ujjal Bhattacharya India is in its 60th year of independence. Yet the poor continue to be poor, the rich continue to get richer and in between is the perishing Indian middle class. Islands of wealth and prosperity are surrounded by a sea of poverty. It is a grim battle, and the middle class is slowly losing its grip. In a growing economy, the middle class has to be big enough to consume what is produced. But they are burdened by taxes and sometimes squeezed by choice. More...